You'll learn more about the sponsor by learning how they handle an adverse market, and how they survive it, than by comparing projected vs actual without context.

Quote from @Theresa Harris: If you are out of state, who was going to do the inspection? 

Quote from @Dylan Harris: Hello All,First post on here, I am just getting started in the RE industry - specifically foreclosures.

Quote from @Greg Miller: Quote from @Theresa Harris: BC is not very friendly to foreign buyers. 

08 to 2o12 wiped out a lot of entitlement companies.. buyers all walked.. there was a big one here in Oregon and they did not survive. 

Quote from @Theresa Harris: Most real estate is not a short term gain, it is long term by letting your tenant pay off your mortgage. 

@Gerald Harris suggested a good strategy for finding those.

Quote from @Theresa Harris: Everyone is different. 

And that there have been plenty That have simply defaulted and imploded.On the other hand, ( at least so far) conservatively structured deals are doing what they were designed to do, which is to survive a downturn without having to do any of the above.

@Allen Harris  not to hijack thread  but  @James Wachob  has brand new construction at 120k or so in Memphis I went and looked at personally nice stuff you may want to contact him